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Print - 2005-04-21
US MIDDAY: coffee moves up on fund buying

US MIDDAY: coffee moves up on fund buying

Arabica benchmark coffee futures enjoyed a spurt of heavy fund buying late in the Wednesday session, adding almost 3 percent to yesterday's more than 5 percent gain, traders and analysts said. "There is nobody really selling this market. Origin will not p
Published 21 Apr, 2005 12:00am
US MIDDAY: sugar firmer on trade buying

US MIDDAY: sugar firmer on trade buying

Raw sugar futures sprang to a firm close Wednesday as steady trade buying and switch dealings kept the sweetener buoyant, with operators saying the market could edge up in the days ahead, brokers said. The New York Board of Trade's May raw sugar contract
Published 21 Apr, 2005 12:00am
US MIDDAY: wheat higher on fund buying

US MIDDAY: wheat higher on fund buying

Wheat futures at the Chicago Board of Trade were higher early on Wednesday on another round of fund buying and on gains in soya futures, traders said. Pit sources said the buying by investment funds that began Tuesday continued Wednesday, boosting wheat f
Published 21 Apr, 2005 12:00am
US MIDDAY: corn stays firm on follow-through buying

US MIDDAY: corn stays firm on follow-through buying

Corn futures at the Chicago Board of Trade continued to rise early Wednesday on follow-through buying by commodity index funds after their buying spree Tuesday, traders said. May corn was up 1-1/2 cents at $2.11 per bushel, with the deferreds 1-1/4 to 2 c
Published 21 Apr, 2005 12:00am
US MIDDAY: soya rises on follow-through buying

US MIDDAY: soya rises on follow-through buying

Soyabean futures at the Chicago Board of Trade were higher early Wednesday on follow-through buying from the strong close the day before, traders said. The market was on fire on Tuesday as index commodity funds stepped in to buy CBOT soyabeans along with
Published 21 Apr, 2005 12:00am
US MIDDAY: copper races up on Chinese growth

US MIDDAY: copper races up on Chinese growth

US copper futures charged up to fresh one-week highs at the start on Wednesday, driven by gains in London prices after stronger-than-expected Chinese growth implied demand for the red metal would remain high, traders said. At the COMEX division of the New
Published 21 Apr, 2005 12:00am
US MIDDAY: gold surges on recent currency-based rally

US MIDDAY: gold surges on recent currency-based rally

Gold futures in New York surged to one-month highs early Wednesday, extending a recent currency-based rally, after markets shrugged off data showing higher-than-expected US consumer prices last month. Silver popped to an eight-day peak on gold's strength,
Published 21 Apr, 2005 12:00am
Economic institutions in Britain

Economic institutions in Britain

The Treasury: The Treasury is the Government Department centrally concerned with managing the national economy. Under the leadership of the Chancellor of the Exchequer, the Treasury is responsible for setting the overall framework of the Government's econ
Published 21 Apr, 2005 12:00am
Biography of Her Majesty Queen Elizabeth II

Biography of Her Majesty Queen Elizabeth II

The Queen was born in London on 21 April 1926, the first child of The Duke and Duchess of York, subsequently King George VI and Queen Elizabeth. Five weeks later she was christened Elizabeth Alexandra Mary in the chapel at Buckingham Palace. The Princess'
Published 21 Apr, 2005 12:00am
PTCL employees agree on contract offer

PTCL employees agree on contract offer

Pakistan Telecom employee union (CBA) has threatened to jam the telecommunication system if their demands were not met forthwith and minimum salary was not fixed at Rs 10,000. Briefing the journalists here on Wednesday Saifuddin, General Secretary of the
Published 21 Apr, 2005 12:00am
West urged to give Muslim states greater access to markets

West urged to give Muslim states greater access to markets

Pakistan's High Commissioner to Britain Dr Maleeha Lodhi has urged the West to help Muslim world address poverty and create a more fairer- secure world by giving it access to its markets. "Security cannot be attained when economic and social stagnation an
Published 21 Apr, 2005 12:00am
Pakistan calls for empowering world judiciary

Pakistan calls for empowering world judiciary

Pakistan has called upon the international community to fully respect and operationalise the 'right to development' and stressed that the international judicial machinery be empowered to ensure the full compliance with international humanitarian law. Amba
Published 21 Apr, 2005 12:00am
US terms Pak-India commitments as tangible breakthroughs

US terms Pak-India commitments as tangible breakthroughs

The United States has welcomed the commitments made by Pakistan and India and described these as "tangible breakthroughs." In a comment on the statement issued by President General Pervez Musharraf and Indian Prime Minister Manmohan Singh, a senior State
Published 21 Apr, 2005 12:00am
KSE management appeals to SECP

KSE management appeals to SECP

The management of the Karachi Stock Exchange (KSE) has sent a following signed appeal to the Securities and Exchange Commission of Pakistan (SECP). "Kindly refer to recent exchange of correspondence between KSE and the Commission, on phasing-out of COT wi
Published 21 Apr, 2005 12:00am
KSE proposal on phasing out of COT

KSE proposal on phasing out of COT

The time bound plan for phasing out of 29 scrips of the COT market has been followed by the Karachi Stock Exchange and 22 scrips have already been phased out so far. However, phasing out of the remaining 7 mega scrips will come in the following weeks and
Published 21 Apr, 2005 12:00am
PIA's problems

PIA's problems

When Ahmed Saeed took over from Sher Afghan as MD of PIA, a lot of hopes were raised. Fond memories of Rafique Saigol, a private enterpreneur,who turned around PIA were rekindled. Saigol replaced Air Marshal Zafar Chaudhry. PIA was in those days one of th
Published 21 Apr, 2005 12:00am
Margin Financing/Badla/COT: Alternative & Interim Financing Mechanism

Margin Financing/Badla/COT: Alternative & Interim Financing Mechanism

In the early part of year 2004 the country's two apex Regulators, State Bank Of Pakistan, for the banking sector, and Securities and Exchange Commission of Pakistan, for the corporate and capital market sector, decided and announced that the then prevaili
Published 21 Apr, 2005 12:00am
Iqbal, the ideologue of Pakistan

Iqbal, the ideologue of Pakistan

Men like Iqbal are born but in centuries. Indeed, Iqbal was the foremost Muslim philosopher of the twentieth century. Amir Shakib Arsalan went a step further: he felt that the world of Islam had not thrown up a thinker of his caliber during the last few c
Published 21 Apr, 2005 12:00am
A major sugar crisis to be overcome

A major sugar crisis to be overcome

Bewildering, if not ridiculous, will certainly appear to be the decision of the Central Board of Revenue, to suspend temporarily, implementation of SRO 315(I)/2005, which it had deemed expedient to issue only two days earlier, and to invite, instead, the
Published 21 Apr, 2005 12:00am
Backtracking on reforms

Backtracking on reforms

During the last few years, Pakistan was successful in implementing a number of reforms on various fronts to stabilise and strengthen the economy. These reforms were generally agreed before-hand and carried out under the tutelage of the IMF and the country
Published 21 Apr, 2005 12:00am
Fashion Show

Fashion Show

Pearl Continental Hotel, Lahore, in collaboration with 'Umeed-e-Noor,' would organise a fundraising Fashion Show of Mehmood Bhatti's latest wardrobe on April 23 at its lawns, and the show was dedicated to the noble cause of fundraising for special childre
Published 21 Apr, 2005 12:00am
Call for making campaigns against diseases a success

Call for making campaigns against diseases a success

Minister Health Punjab, Dr Tahir Ali Javed, has directed the field staff to implement the policies of health department in letter and spirit and make the campaigns against communicable and non-communicable diseases a great success. He, however, warned the
Published 21 Apr, 2005 12:00am
Eid Milad to be celebrated with fervor

Eid Milad to be celebrated with fervor

Eid-e-Milad-un-Nabi (PBUH) will be celebrated with religious fervor in Sialkot, Pasrur, Sambrial and Daska tehsils of Sialkot district The daylong programmes would be started with special prayers for the unity, prosperity and solidarity of the coun
Published 21 Apr, 2005 12:00am
Waste management plant near Sunder estate opposed

Waste management plant near Sunder estate opposed

President Lahore Chamber of Commerce and Industry (LCCI) Mian Misbahur Rehman has said that the proposed solid waste management plant near Sunder Industrial Estate would not only effect the natural landscape but also create noise pollution apart from hitt
Published 21 Apr, 2005 12:00am
Piaf lauds LCCI

Piaf lauds LCCI

Pakistan Industrial and Traders Associations Front (Piaf) has welcomed the initiation of performance award by the Lahore Chamber of Commerce and Industry (LCCI). Piaf Chairman, Muhammad Ali Mian, in a statement issued here on Wednesday said that the award
Published 21 Apr, 2005 12:00am
Wapda committed to promote sports

Wapda committed to promote sports

Chairman Wapda Tariq Hameed has said that Wapda in addition to its chartered duties will continue to work for the promotion of sports and similar other activities. He was addressing a ceremony held in honour of Wapda cricket team that bagged Patron's Cup
Published 21 Apr, 2005 12:00am
Punjab irrigation project to tackle groundwater resources

Punjab irrigation project to tackle groundwater resources

Punjab government is redrawing "Punjab irrigated agriculture development sector project" to tackle sources of groundwater in many areas in the province, which plays a critical role in irrigated agriculture. According to official sources, on-farm water man
Published 21 Apr, 2005 12:00am
Lesco to simplify new connection procedure

Lesco to simplify new connection procedure

Lahore Electric Supply Company (Lesco) is struggling hard to make the new connection procedure simple and speedy so as to extend the electricity supply to maximum consumers. In the current fiscal year, Lesco has provided 102023 new connections out of whic
Published 21 Apr, 2005 12:00am
British High Commission to accommodate Pakistani and AJK visa seekers

British High Commission to accommodate Pakistani and AJK visa seekers

The British High Commission has made adequate arrangements to accommodate visa seekers of Pakistan and Azad Jamu and Kashmir, said Alex Pond, Director visa, British High Commission. In an informal chat with a group of reporters during her visit to Sialkot
Published 21 Apr, 2005 12:00am
Customs bonded warehouse at Wagah demanded

Customs bonded warehouse at Wagah demanded

The Standing Committee of Lahore Chamber of Commerce and Industry (LCCI) on Customs, Valuation and Import has proposed that a 'customs bonded warehouse' should be set up at Wagah border to facilitate the business community in trade with India. The committ
Published 21 Apr, 2005 12:00am
LSE holiday

LSE holiday

The offices and ultra trading system of Lahore Stock Exchange (LSE) will remain closed on Friday (April 22) on account of Eid Milad-un-Nabi (SAW), a notice issued by the management of the exchange on Wednesday said.
Published 21 Apr, 2005 12:00am
The Weather

The Weather

The weather report on Wednesday (April 20) and the forecast for Thursday (April 21, 2005).
Published 21 Apr, 2005 12:00am
Investors urged to invest in paper industry

Investors urged to invest in paper industry

Paper plays a vital role in any economy but unfortunately Pakistani paper industry is far behind in latest techniques of paper manufacturing. These views were expressed by the speakers at a seminar on 'Paper Industry in Pakistan' organised by Kaybee Indus
Published 21 Apr, 2005 12:00am
New York cotton

New York cotton

Wednesday's closing prices of New York cotton in US cents/lb.

Published 21 Apr, 2005 12:00am
Code of conduct for kite flying approved

Code of conduct for kite flying approved

The District Council Lahore in its meeting held on Wednesday unanimously approved code of conduct for kite flying, which envisages six-month imprisonment and Rs 5000 fine on violation of the code of conduct. District Nazim Lahore, Mian Amer Mahmood presen
Published 21 Apr, 2005 12:00am
New York cotton

New York cotton

Wednesday's closing prices of New York cotton in US cents/lb.

Published 21 Apr, 2005 12:00am
Anti Terrorism Court orders to release PML-N leader

Anti Terrorism Court orders to release PML-N leader

Anti Terrorism Court Multan headed by Zahoor-ul-Haq has ordered on Wednesday to release former Punjab minister and provincial vice president of PML-N Hafiz Iqbal Khakwani because police have declared him an innocent in its inquiry report into the triple m
Published 21 Apr, 2005 12:00am
Key stock market movements at 1700 GMT on April 20

Key stock market movements at 1700 GMT on April 20

The latest close of key indices on major world stock exchanges and the London closing values of the euro, the Japanese yen, the British pound and gold bullion (previous day's closes in brackets).
Published 21 Apr, 2005 12:00am
Punjab to have export processing zone in Gujranwala

Punjab to have export processing zone in Gujranwala

The Punjab Small Industries Corporation (PSIC) and Export Processing Zones Authority (Epza) are developing an export processing zone jointly in Gujranwala with the cost of Rs 118 million. Official sources told Business Recorder here on Wednesday th
Published 21 Apr, 2005 12:00am
Feasibility study of Sehwan barrage completed

Feasibility study of Sehwan barrage completed

The feasibility study of Rs 11.30 billion Sehwan Barrage Complex project has been completed and detailed engineering and designing work is in progress. Sources told the dam will be constructed on river Indus and completed within seven years.
Published 21 Apr, 2005 12:00am
Leghari meets Arbab

Leghari meets Arbab

A leader of Pakistan Muslim League, Sardar Farooq Ahmed Khan Leghari had a meeting with Sindh Chief Minister Dr Arbab Ghulam Rahim here on Wednesday. According to official sources they talked on national issues, political conditions in Sindh and dissemina
Published 21 Apr, 2005 12:00am
Closing of sterling rates

Closing of sterling rates

Closing of sterling rates at 1730 GMT - on Wednesday (April 20, 2005).

Published 21 Apr, 2005 12:00am
NCSS computerises margin financing system

NCSS computerises margin financing system

The National Clearing Company of Pakistan Limited (NCCPL) has set up a module covering margin financing to meet the growing demand following reforms laid down by the Securities & Exchange Commission of Pakistan, 'live' from Monday, April 18, 2005. The NCC
Published 21 Apr, 2005 12:00am
Ship agents condemn arrest of NYK Lines officials

Ship agents condemn arrest of NYK Lines officials

Ship agents associations have condemned the arrest of Captain Tariq Masood and Sajjad Ahmed of NYK Lines in Pakistan on a complaint by a textile exporter of Faisalabad, and have appealed to the Minister of Ports and Shipping to intervene and get release o
Published 21 Apr, 2005 12:00am
Cotton Spot Rates

Cotton Spot Rates

Official KCA spot rates for local dealings in Pakistan rupees on Wednesday (April 20, 2005).

Published 21 Apr, 2005 12:00am
Sindh budget first draft ready for review: Ibad

Sindh budget first draft ready for review: Ibad

Sindh Governor Dr Ishratul Ibad Khan has said that the first draft of the provincial budget for 2005-06 has been completed and is ready for review to ensure that all needs of the province have been taken care of. He was talking to Business Recorder </i
Published 21 Apr, 2005 12:00am
Poultry rates

Poultry rates

Wholesale poultry rates on Wednesday (April 20) and for Thursday (April 21, 2005).
Published 21 Apr, 2005 12:00am
Unisame submits budget proposals

Unisame submits budget proposals

Union Of Small & Medium Enterprises (Unisame) has demanded the government to provide various incentives to small & medium enterprises (SMEs) in next budget to provide level playing field of economy to this sector. A set of budget proposals, submitted with
Published 21 Apr, 2005 12:00am
NJLI Managed Fund prices

NJLI Managed Fund prices

New Jubilee Life Insurance Company Limited has announced the offer and bid price per unit for the following funds effective from Thursday, April 21, 2005..

Published 21 Apr, 2005 12:00am
Released fishermen reach Karachi

Released fishermen reach Karachi

The 156 Pakistani fishermen who were released from the Indian jails and handed over to the Pakistani authorities at Wagah on Tuesday have reached Karachi. This was stated by an official of the Fishermen Co-operative Society here on Wednesday. He said that
Published 21 Apr, 2005 12:00am
NJLI Managed Fund prices

NJLI Managed Fund prices

New Jubilee Life Insurance Company Limited has announced the offer and bid price per unit for the following funds effective from Thursday, April 21, 2005..

Published 21 Apr, 2005 12:00am
Government urged to withdraw cases against KEDA office-bearers

Government urged to withdraw cases against KEDA office-bearers

President, Karachi Electronic Dealers Association, Abdul Waheed Memon has urged the government to withdraw cases against arrested office-bearers of the association and release them. Addressing a press conference at his office on Wednesday, he threatened t
Published 21 Apr, 2005 12:00am
NJLI Managed Fund prices

NJLI Managed Fund prices

New Jubilee Life Insurance Company Limited has announced the offer and bid price per unit for the following funds effective from Thursday, April 21, 2005..

Published 21 Apr, 2005 12:00am
'PNSC be handed over to professional management'

'PNSC be handed over to professional management'

Arbab Rasheed Abro, member managing committee of Federation of Pakistan Chambers of Commerce and Industry (FPCCI) has suggested that Pakistan National Shipping Corporation (PNSC) be handed over to a professional management. In a letter to Prime Minister S
Published 21 Apr, 2005 12:00am
Non ferrous metals, ferrous alloy rates

Non ferrous metals, ferrous alloy rates

Non ferrous metals, ferrous alloy rates in rupees prevailing on the commodity markets in Karachi on Wednesday (April 20, 2005).

Published 21 Apr, 2005 12:00am
Arbab approves health policy

Arbab approves health policy

Sindh Chief Minister, Dr Arbab Ghulam Rahim through a communication despatched to Sindh Health Secretary, Professor Naushad Shaikh here on Wednesday has formally approved the first full-fledged health policy for the province. The policy formulated by the
Published 21 Apr, 2005 12:00am
PML and allied parties meeting on April 25

PML and allied parties meeting on April 25

A parliamentary Party meeting of Pakistan Muslim League and its allied political parties in the Senate will be held here on April 25 at 5pm at Parliament House. Senators belonging to PML and its allied parties have been asked to attend the meeting, which
Published 21 Apr, 2005 12:00am
Lahore Grain Market Rates

Lahore Grain Market Rates

Grain and other commodity rates in rupees on Akbari Mandi on Wednesday (April 20, 2005).

Published 21 Apr, 2005 12:00am
Soomro reviews arrangements for APPCED moot

Soomro reviews arrangements for APPCED moot

The 12th General Assembly of Asian Pacific Parliamentarians Conference on Environment and Development (APPCED) will be held here from November 14 to 19, 2005. Senate of Pakistan will host the conference to be attended by the parliamentarians from 46 count
Published 21 Apr, 2005 12:00am
Shipping Intelligence

Shipping Intelligence

Karachi Shipping Intelligence report incorporating changes till 7 am on Wednesday (April 20, 2005).

Published 21 Apr, 2005 12:00am
NWFP IG awards cash prizes to policemen

NWFP IG awards cash prizes to policemen

The IGP NWFP, Muhammad Raffat Pasha awarded police officers and Jawans with cash prizes and commendation certificates who were involved in Achani Khwer encounter in the jurisdiction of Pishtara Khera police station where three dacoits were killed the othe
Published 21 Apr, 2005 12:00am
Shipping Intelligence

Shipping Intelligence

Karachi Shipping Intelligence report incorporating changes till 7 am on Wednesday (April 20, 2005).

Published 21 Apr, 2005 12:00am
Interviews for school teachers on May 5

Interviews for school teachers on May 5

EDO Education Nawabshah Muhammad Hussein Maher on Wednesday said that interviews for the post of higher secondary school teachers and others like OTI, OT, TT, WI and AWI would now be held on new date, probably on April 26, after getting approval from Secr
Published 21 Apr, 2005 12:00am
KKI closing rates of currency notes

KKI closing rates of currency notes

Khanani & Kalia International (Pvt) Limited Closing Rates of currency notes on Wednesday (April 20, 2005).

Published 21 Apr, 2005 12:00am
NWFP Assembly condemns maltreatment of journalists

NWFP Assembly condemns maltreatment of journalists

The NWFP Assembly on Wednesday passed a resolution unanimously condemning maltreatment of journalists on the arrival of PPP leader Asif Ali Zardari at Lahore Airport on April 16 last. Both the federal and provincial government of Punjab was demanded of th
Published 21 Apr, 2005 12:00am
Annan welcomes Pak-India peace talks

Annan welcomes Pak-India peace talks

UN Secretary General Kofi Annan welcomed on Monday's joint statement from India and Pakistan that the peace process between the two nuclear-armed rivals was now irreversible. "The secretary general warmly supports the efforts by India and Pakistan to adva
Published 21 Apr, 2005 12:00am
Shaukat asks advertisers to enhance creativity

Shaukat asks advertisers to enhance creativity

Prime Minister Shaukat Aziz has underlined the growing role of advertising in the country's expanding economy and urged the advertisers to be more creative in promoting Pakistan's strengths. Speaking to country's leading advertisers and representatives of
Published 21 Apr, 2005 12:00am
THE RUPEE: 10 paisa gain against dollar

THE RUPEE: 10 paisa gain against dollar

The rupee managed to recover 10 paisa in relation to the dollar in the open market on Wednesday for buying and selling at 59.80 and 59.90, dealers said. Slight fall in demands for the dollar and increased inflows encouraged to local currency to go up vers
Published 21 Apr, 2005 12:00am
THE RUPEE: 10 paisa gain against dollar

THE RUPEE: 10 paisa gain against dollar

The rupee managed to recover 10 paisa in relation to the dollar in the open market on Wednesday for buying and selling at 59.80 and 59.90, dealers said. Slight fall in demands for the dollar and increased inflows encouraged to local currency to go up vers
Published 21 Apr, 2005 12:00am
42 schemes approved for water conservation, flood protection

42 schemes approved for water conservation, flood protection

The Ministry of Water and Power has approved three proposals of Indus River System Authority (Irsa) to undertake studies for optimisation of reservoirs operation and measurement of water losses in river beds of Indus, Jhelum and Chenab, official sources t
Published 21 Apr, 2005 12:00am
Banks: MEEZAN BANK LIMITED - Half Year Ended June 30, 2004

Banks: MEEZAN BANK LIMITED - Half Year Ended June 30, 2004

Meezan Bank Limited (Meezan Bank) has been incorporated in Pakistan on January 27, 1997 as a public limited company under the Companies Ordinance, 1984 and its shares are quoted on the Karachi Stock Exchange. It started operations as an investment bank in
Published 21 Apr, 2005 12:00am
Engro profit up 49 percent

Engro profit up 49 percent

Engro Chemical Pakistan's first quarter profit recorded an increase of 49 percent because of higher sales as demands from growers spurted, indicating recovery in the agricultural sector. According to a statement of the company issued at the Karachi Stock
Published 21 Apr, 2005 12:00am
Banks: MEEZAN BANK LIMITED - Half Year Ended June 30, 2004

Banks: MEEZAN BANK LIMITED - Half Year Ended June 30, 2004

Meezan Bank Limited (Meezan Bank) has been incorporated in Pakistan on January 27, 1997 as a public limited company under the Companies Ordinance, 1984 and its shares are quoted on the Karachi Stock Exchange. It started operations as an investment bank in
Published 21 Apr, 2005 12:00am
Engro profit up 49 percent

Engro profit up 49 percent

Engro Chemical Pakistan's first quarter profit recorded an increase of 49 percent because of higher sales as demands from growers spurted, indicating recovery in the agricultural sector. According to a statement of the company issued at the Karachi Stock
Published 21 Apr, 2005 12:00am
All shares index report

All shares index report

The sector-wise all shares index report on Wednesday (April 20, 2005).

Published 21 Apr, 2005 12:00am
Asian Pacific parliamentarians moot from November 14

Asian Pacific parliamentarians moot from November 14

Pakistan will host a six-day 12th General Assembly of Asian Pacific Parliamentarians Conference on Environment and Development (APPCED) from November 14-19. The Senate Secretariat would provide secretarial services for the conference, which is likely to b
Published 21 Apr, 2005 12:00am
Adequate water available for Kharif: Irsa

Adequate water available for Kharif: Irsa

Adequate amount of water is available for Kharif season, said Indus River System Authority (Irsa) on Wednesday. According to official sources, Kharif crops would have excessive water this year as compared to the previous year adding that better Kharif was
Published 21 Apr, 2005 12:00am
Presentation

Presentation

Presentation at KSE auditorium (only for members and an authorised employee of the members).

Published 21 Apr, 2005 12:00am
Prime Minister's Malaysia visit to make headway towards PTA signing

Prime Minister's Malaysia visit to make headway towards PTA signing

Pakistan and Malaysia are expected to make significant headway towards signing of Preferential Trade Agreement (PTA) during Prime Minister Shaukat Aziz's visit to Putrajaya, new capital of Malaysia, next month. If negotiations prove result-oriented, the t
Published 21 Apr, 2005 12:00am
BOARD MEETINGS

BOARD MEETINGS

Board Meetings of Companies listed on the Karachi Stock Exchange.

Published 21 Apr, 2005 12:00am
Burqa-clad woman in National Assembly triggers security concerns

Burqa-clad woman in National Assembly triggers security concerns

The presence of an 'alien' (burqa-clad woman) in the National Assembly on Wednesday triggered security concerns among members. The Speaker, Amir Hussain, ordered an inquiry as to how the woman managed to enter the House with the security personnel around.
Published 21 Apr, 2005 12:00am
Board meetings in progress

Board meetings in progress

Board Meetings in Progress of Companies listed on the Karachi Stock Exchange.

Published 21 Apr, 2005 12:00am
FROM A RINGSIDE SEAT

FROM A RINGSIDE SEAT

Parliamentary reporters finally succeeded on Wednesday morning in securing an apology from the government for the manhandling of their colleagues by the Lahore police last week and called off their boycott of the National Assembly proceedings. Negotiation
Published 21 Apr, 2005 12:00am
Board Meetings

Board Meetings

Board Meetings of Companies listed on the Karachi Stock Exchange.

Published 21 Apr, 2005 12:00am
Pakistan welcomes new pope

Pakistan welcomes new pope

Pakistan has welcomed the election of Joseph Ratzinger as the new head of the Vatican that represents nearing 1.1 billion Roman Catholic followers in the Christendom. The official felicitation had been conveyed to Pope Benedict XVI through a message relay
Published 21 Apr, 2005 12:00am
Dividend/Bonus Announcements

Dividend/Bonus Announcements

Dividend/Bonus announcements by the companies listed on the Karachi Stock Exchange.

Published 21 Apr, 2005 12:00am
Telenor launches service in Gujranwala

Telenor launches service in Gujranwala

Telenor is offering all the cellular services available in the market through three sales and service centers, along with retail outlets, across the city. 20 base stations have been installed in the city and the number is likely to increase. By launching
Published 21 Apr, 2005 12:00am
Shares buy-back schedule

Shares buy-back schedule

Shares buy-back schedule of listed companies on Wednesday (April 20, 2005).

Published 21 Apr, 2005 12:00am
Journalists end boycott on government's apology

Journalists end boycott on government's apology

Journalists ended their boycott of the National Assembly proceedings on Wednesday, following a statement of apology by the government over the maltreatment to their colleagues in Lahore last week. The word of regret came after a detailed meeting between t
Published 21 Apr, 2005 12:00am
Prime Minister to grace performance award ceremony 2004

Prime Minister to grace performance award ceremony 2004

Prime Minister Shaukat Aziz will be the chief guest at performance excellence award ceremony 2004 being held here on April 26. The mutual funds association (MUFAR) has arranged the ceremony.
Published 21 Apr, 2005 12:00am